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From end 2015 when AEC is expected to come into force, local PMETs will be find themselves having to compete for jobs on their own turf with PMETs from other Asean countries. The situation will be similar to the one that is happening in the EU member states right now. Of course the full impact on Sinkie PMETs will only be felt from 2017 onwards....
Under the AEC framework, Singapore's Ministry of Manpower and ICA will NOT be allowed to restrict the flow of skilled foreign professionals into Sinkieland. (Read: The proposed restrictions on foreign skilled labour recently announced by MOM ministar are just wayang-wayang from now till end 2015.)
Of all the current Asean members, SINKapore is the wealthiest. I don't need to emphasize that there will be a massive net inflow of foreign PMETs to the city-state.
Ah Tiongs will benefit too. How?
Smart Ah Tiongs will pay to become citizens or permanent residents of Myanmar/Burma, Laos, Cambodia, Vietnam or even Indonesia so that they can come to SINKapore to work and live. Last I heard, an Ah Tiong need to pay only US$8,000 to a corrupt official in Cambodia or Laos to become a citizen. To become a PR of either Cambodia or Laos, the market rate is US$6,000.
P.S.: Sinkies have to thank the Unholy Trinity (the Father, the Son Pinky and Holy Goh) for their tireless efforts at promoting AEC. I was told that SINKapore was the prime mover and chief advocate of AEC since the mid 1990s.
Under the AEC framework, Singapore's Ministry of Manpower and ICA will NOT be allowed to restrict the flow of skilled foreign professionals into Sinkieland. (Read: The proposed restrictions on foreign skilled labour recently announced by MOM ministar are just wayang-wayang from now till end 2015.)
Of all the current Asean members, SINKapore is the wealthiest. I don't need to emphasize that there will be a massive net inflow of foreign PMETs to the city-state.
Ah Tiongs will benefit too. How?
Smart Ah Tiongs will pay to become citizens or permanent residents of Myanmar/Burma, Laos, Cambodia, Vietnam or even Indonesia so that they can come to SINKapore to work and live. Last I heard, an Ah Tiong need to pay only US$8,000 to a corrupt official in Cambodia or Laos to become a citizen. To become a PR of either Cambodia or Laos, the market rate is US$6,000.
P.S.: Sinkies have to thank the Unholy Trinity (the Father, the Son Pinky and Holy Goh) for their tireless efforts at promoting AEC. I was told that SINKapore was the prime mover and chief advocate of AEC since the mid 1990s.
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